Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Explore Our Diverse Range Of Offerings
From detailed reports to experts services offered in 15+
Industry Domains
Trending Now
Add 2 More Reports For 20% off
What's Impacting the Industry?
Impact of the Build America, Buy America Act?
- Overview of the Act and its key provisions
- Implications for Manufacturing and Sourcing
- Opportunities and Challenges for Market Participants
Impact of the New Political Administration
- Overview of the Administration's Energy and Infrastructure Policies
- Potential Changes in Regulations and Incentives
- Implications for Market Growth and Investment
- Impact on International Trade and Collaboration
Latest Updates
- Impact on International Trade and Collaboration
- EU's Digital Markets Act (DMA) and Digital Services Act (DSA)
- US Inflation Reduction Act (IRA) Provisions
Report Overview
The global outboard electric motors market size is expected to grow at a CAGR of 5.20% between 2025 and 2034. The major market drivers include rising demand from the marine industry, environment friendliness of outboard electric motors, and increasing research and development activities by manufacturers.
2024
Base Year
2018-2024
Historical Period
2025-2034
Forecast Period
Compound Annual Growth Rate
Value in USD Million
5.2%
2025-2034
Outboard Electric Motors Market Outlook
*this image is indicative*
Key Trends in the Market
An outboard electric motor is a self-contained propulsion system for a boat, that is used to power the boat as well as manoeuvre it. The self-contained unit is an actuation system that includes a gearbox, jet drive or propeller, and engine. Outboard electric motors are often preferred over gas motors because outboard electric motors are light, compact, reliable, and more powerful.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
- Use of electricity driven products is increasing rapidly across the globe owing to improved electrification and transformed mobility. This is expected to propel the demand for outboard electric motors with high power and efficient electric drive systems.
- The demand for outboard electric motors is expected to rise owing to the technological improvements and developments in the market, and increasing availability of outboard electric motors with different capacities and specialised features.
- Increasing investments from the governments of various countries towards supporting the development of electricity-driven products to reduce air pollution is contributing towards the expansion of the outboard electric motors market.
Market Segmentation
The EMR’s report titled “Outboard Electric Motors Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Outboard Electric Propulsion Motors
- Outboard Electric Trolling Motors
Market Breakup by Application
- Municipal Application
- Civil Entertainment
- Commercial Applications
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Share by Type
Based on type, outboard electric propulsion motors are expected to account for a sizable share of the outboard electric motors market. Outboard electric propulsion motors offer greater power and speed as compared to outboard electric trolling motors, due to which they are suited for a wider range of applications. They also have higher dynamic horsepower, and are available in different capabilities. Growing prevalence of recreational boating and marine tourism are further increasing the adoption of outboard electric propulsion motors to provide boats with adequate power.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Market Share by Region
North America is anticipated to account for a significant share in the outboard electric motors market because of the early adoption of these motors in the region by a large number of consumers. Moreover, widespread presence of outboard electric motor manufacturers and key players in the region is further supporting the growth of the market in North America. Fishing and recreational boating are prevalent in the region, supported by the vast coastline in North America and numerous water bodies, which is boosting the demand for outboard electric motors.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global outboard electric motors market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Honda Motor Co., Inc.
Honda Motor Co., Inc. is a multinational company that has its headquarters in Tokyo, Japan. Founded in 1948, the company is known for manufacturing and supplying products such as automobiles, luxury vehicles, and scooters, among others.
Torqeedo GmbH
Torqeedo GmbH was established in 2005 and is headquartered in Bayern, Germany. It is a commercial company that is involved in the designing, manufacturing, and marketing of electric boat motors.
Johnson Outdoors Inc.
Johnson Outdoors Inc. was founded in 1970 and is based in Wisconsin in the United States. The company is a global manufacturer of outdoor recreational products such as diving equipment, outdoor clothing, watercraft, and camping gear.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Yamaha Motor Co., Ltd., Suzuki Motor Corporation, Ray Electric Outboards Inc., Epropulsion, and CSM Tech Co., Ltd, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Looking for specific insights?
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 5.20% between 2025 and 2034.
The major market drivers are rising demand from the marine industry, environment friendliness of outboard electric motors, and increasing research and development activities by manufacturers.
The key trends of the market are increasing use of electricity driven products, increasing investments by various governments, and technological developments.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
An outboard electric motor is a self-contained system that is used to power and steer a boat.
The significant applications of outboard electric motors include municipal application, civil entertainment, and commercial applications, among others.
The primary types of outboard electric motors in the market are outboard electric propulsion motors and outboard electric trolling motors.
The key players in the outboard electric motors market, according to the report, are Honda Motor Co., Inc., Torqeedo GmbH, Johnson Outdoors Inc., Yamaha Motor Co., Ltd., Suzuki Motor Corporation, Ray Electric Outboards Inc., Epropulsion, and CSM Tech Co., Ltd, among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
- Selected Segments
- Printing Restrictions
- Excel Spreadsheet Delivered via Email
- Full Report
- Periodic Updates
- Post Sales Analysts Support
- Unlimited Prints
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
- All Segments
- Printing Restrictions
- PDF Delivered via Email
- Custom Report Layout
- Post Sales Analysts Support
- Periodic Updates
- Unlimited Prints
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
- All Segments
- Five Prints Available
- PDF Delivered via Email
- Limited Free Customization
- Post Sales Analyst Support
- Custom Report Layout
- Periodic Updates
- Unlimited Prints
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
- All Segments
- Unlimited Prints Available
- PDF & Excel Delivery via Email
- Limited Free Customization
- Post Sales Analysts Support
- Discount On Next Update
- Custom Report Layout
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Bundle Type
Flash Bundle
20% OFF
Number of Reports: 3
Small Business Bundle
25% OFF
Number of Reports: 5
Growth Bundle
30% OFF
Number of Reports: 8
Enterprise Bundle
35% OFF
Number of Reports: 10
Overview
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 80 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
- Life Time Access
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 100 Hours
- Complimentary Free 1 Month Subscription to Trade Data Base
- Complimentary One Month Subscription to Price Database (Chemicals only)
- Complementary PPT Version of the Report
- Complimentary License Upgrade
- Complimentary Power BI Dashboards
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
- 3 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
- Free Analyst Hours
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
- 5 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- Complimentary Excel Data Set
- PPT Version of the Report
- Power BI Dashboards
- License Upgrade
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
- 8 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Free Analyst Hours - 80 Hours
- Power BI Dashboards
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
- 10 Reports Included
- Life Time Acess
- Analyst Support Related to Report
- PDF Version of the Report
- Complimentary Excel Data Set
- Free Analyst Hours - 50 Hours
- Free 1 Month Subscription to Trade Data Base
- 1 Month Subscription to Price Database (Chemicals only)
- License Upgrade
- Power BI Dashboards
- Free Analyst Hours - 100 Hours
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Strategic Solutions for Informed Decision-Making
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
- Our Insights Store:
-
Industry Statistics
-
Procurement Insights
-
Consumer Insights
Our Offices
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share